Industry
December 15, 2022
Half of Swedes Find Licensed Sites Beneficial, Only 10% Can Identify Them
According to a survey commissioned by the Swedish Gambling Authority Spelinspektionen issued by consultancy Skopm firm, only 10% of players know how to actively identify a licensed gambling platform. Moreover, only 53% of gamblers considered playing with licensed sites to be beneficial to them. The Survey Questioned Players’ Gambling Habits The survey ordered by the […]
Legal
December 9, 2022
New Proposal to Fight Problem Gambling in Sweden
A new proposal seeks to combat problem gambling and help reduce gambling harm in Sweden. Niklas Wykman, the Swedish Minister of Financial Markets, announced a new memorandum Wednesday that plans to combat gambling addiction. Proposal Seeks to Protect Customers from Gambling Harm Ultimately, the new proposal plans to allow gambling companies to process additional personal […]
Industry
December 8, 2022
Sweden Should Consider Umbrella B2B Permits
Sweden is eyeing the introduction of licenses for business-to-business gambling companies. The country’s regulator, the Spelinspektionen, hopes that this measure would reduce illegal gambling. However, there are some concerns about the actual impact the permits may have on channelization. Sweden Is Considering Permits for B2B Companies The regulator’s idea is the following: if Sweden requires […]
Industry
November 29, 2022
Hero Gaming Designates Sarah Stellini as CEO
Swedish gaming company Hero Gaming has designated Sarah Stellini as its new chief executive officer. Stellini officially assumed her new position on November 1, 2022. Before that, she was Hero Gaming’s commercial director for nine months. The CEO position was previously taken by Patrick Jonker, a former director for William Hill. Stellini Brings a Fresh […]
Legal
November 28, 2022
Sweden’s Newest Gambling Law Refines Existing Regulations
Despite the ongoing political instability in the country, the Swedish parliament is preparing to implement a new set of gambling reforms. The new rules are more of an update to the current system rather than a complete overhaul and introduce new B2B supplier licenses and additional measures against unlicensed operators. Regulations regarding gambling advertisements and […]
Legal
November 23, 2022
Sweden Fines ATG over AML Failures
Responsible for guaranteeing the safety, legality, and trustworthiness of the gaming and gambling industry in Sweden, the Swedish Gaming Authority (Spelinspektionen) is constantly busy supervising operators and issuing penalties to correct bad behavior. Last fall, the regulator started supervising horseracing and betting operator ATG, with a focus on its anti-money laundering policies and the way […]
Legal
November 23, 2022
Kindred Group Accepts $1.3M Swedish Fine, Shows Improvement
Spelinspektionen or the Swedish Gaming Authority has issued a new warning and fine to Kindred Group, an established gambling company in the country, with the regulator arguing that the Group had fallen short of meeting certain regulatory standards. Spelinspektionen has taken issue with what it argues are insufficient measures assessing the potential risk of the […]
Business
November 18, 2022
Kindred Hosts Local Sustainable Gambling Conference in Stockholm
The global holding operating multiple gambling and sports betting brands, Kindred Group, boosted its Swedish responsible gambling efforts by announcing a new initiative. SGC’s Local Version Takes Place in Stockholm The company said Friday that it is hosting a local version of its Sustainable Gambling Conference (SGC) at its office located in Stockholm, the largest […]
Industry
November 18, 2022
Swedish Gambling Authority Bans SG International N.V. From Operating in Sweden
Update: The Swedish Gambling Authority has lifted the ban on SG International N.V. after the company made changes to become compliant with the requirements of Swedish legislation. Spelinspektionen, the Swedish Gambling Authority, has issued an order banning Curacao-based SG International N.V. from doing business in Sweden as it does not hold the necessary license. The […]
Legal
November 14, 2022
LeoVegas Top Manager Arrested Over Insider Trading Connected to MGM Takeover
On November 10, three men, one of them holding a senior manager position at LeoVegas, were arrested on charges of insider trading in connection with US casino behemoth MGM Resorts International’s acquisition of Swedish mobile gaming company LeoVegas which took place at the end of August 2022. The Investigation Has Been Going on Since June […]
